Domestic stocks opened the week
with a weak trade without any special idea. Trade in Europe and the USA was not
conducted, so Russian RTS index became the main guide for UX index. In the
middle of trade the information of decrease of assets volume, deposited in AUSD
for securities agreements keeping, lead to the local fall of index. But at the
end of trade indicator stepped to the positive territory again affected by
positive from Russia. Trade activity on the market of applications tested
another minimum. The majority of shares of UX index basket were traded in the
green zone.
By analyst of IC IFG CAPITAL
Alexey Sidorov, the news for opening is bearish. Quantity of unemployed in
France reached record indicators during the last 12 years. China expects the
slowdown of industrial manufacture growth in 2012 to 11% from forecasted 13.9%.
Industrial companies of China showed the slowdown of profits growth speed in 11
months 2011.
Asian stock indices show the
slowdown, affected by negative forecasts of economists and macro-economical statistics.
Chinese SSEC, Japanese Nikkei, Korean KOSPI lost by 1.09%, 0.46%, 0.78% respectively. Moreover, it is
worth to admit he pessimistic outlook of Japanese Central Bank concerning the “growth
of risks for country’s economic growth” and consumer trust index decrease of
South Korea in November to the minimal during the last three months.
EUR-USD exchange rate and Brent
oil price give bullish signs. Euro and stock assets (and the pressure to dollars
rate) are supported today by the decision of China and Japan to use national
currencies in mutual exchanges.
Russian RTS index opened the day
in the red zone.
Negative external
background was formed on the opening.
The Futures for UX –
UX-3.12. Technical analysis.
On the 4-houred timeframe the
price placed above the Parabolic indicator. Oscillators keep the signs to buy.
The trend is lateral.
On the quarter timeframe the
price placed above the Parabolic indicator. Oscillators do not give the
univocal signs. The trend is lateral.
Analytical department
of IC IFG CAPITAL forecasts index and futures decrease by the results of the
trade session.
IC IFG CAPITAL, LLC
Alexey Sidorov
ik.ifgcapital.com.ua
www.ifgcapital.com.ua